VanEck IBoxx Total Risk Alpha
| TAT Etf | | | EUR 19.07 -0.03 -0.16% |
Observed values used to calculate the Total Risk Alpha technical indicator for VanEck iBoxx EUR. Additional screening context is available through
Equity Screeners.
VanEck iBoxx EUR has current Total Risk Alpha of 0.0049. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0049 | |
| ER[a] | = | Expected return on investing in VanEck IBoxx |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on VanEck IBoxx |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
VanEck iBoxx EUR is rated
below average in total risk alpha across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
191.49 of Maximum Drawdown per Total Risk Alpha. For VanEck iBoxx EUR, Maximum Drawdown stands at
191.49 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare VanEck IBoxx to Peers
Other Technical Indicators